Tenancy & Accommodation
| Floor |
Use |
Floor Areas (Approx) |
Tenant |
Term |
Rent p.a.x (gross) |
Reversion |
| Part Ground |
Office |
232.91 sq m |
(2,507 sq ft) |
INGEUS UK LIMITED |
5 years from 04/11/2011 (1) |
£31,338 |
03/11/2016 |
| Part Ground |
Office |
92.90 sq m |
(1,000 sq ft) |
CORPORATE FINANCIAL MANAGEMENT SYSTEMS LIMITED |
5 years from 31/03/2014 (2) |
£12,000 (3) |
29/04/2019 |
| First |
Office |
325.90 sq m |
(3,508 sq ft) |
SEETEC BUSINESS TECHNOLOGY CENTRE LIMITED |
5 years from 01/05/2013 (4) |
£50,900 |
30/04/2018 |
| Part Second |
Office |
221.48 sq m |
(2,384 sq ft) |
VACANT POSSESSION |
|
|
|
| Part Second |
Office |
111.11 sq m |
(1,196 sq ft) |
LASERFICHE UK SERVICES LIMITED |
5 years from 15/08/2011 |
£14,352 |
14/08/2016 |
| Part Third |
Office |
68.93 sq m |
(742 sq ft) |
ITSS RECRUITMENT LIMITED |
3 years from 04/03/2012 |
£9,275 |
03/03/2015 |
| Part Third |
Office |
265.33 sq m |
(2,856 sq ft) |
SERVICED OFFICES OPERATED BY REGUS (5) |
| Fourth |
Office |
334.35 sq m |
(3,599 sq ft) |
SERVICED OFFICES OPERATED BY REGUS (5) |
| Fifth |
Office |
182.09 sq m |
(1,960 sq ft) |
VACANT POSSESSION |
|
|
|
| Totals |
|
1,835.00 sq m |
(19,752 sq ft) |
|
|
£117,865 |
|
(1) The lease to Ingeus UK Limited provides a tenant’s option to determine on the second (now lapsed) and fourth anniversaries of the term, subject to 6 months
notice. If the break is not exercised then the tenant will benefit from a rent free period from 4th November 2015 until 3rd April 2016.
(2)The lease to Corporate Financial Management Systems Limited provides a tenant option to determine on the third anniversary of the term, subject to a payment of £6,000.
(3)For the purposes of clarification, the current rent for the Corporate Financial Management Systems Limited lease is £6,000 p.a.x. rising to £12,000 p.a.x. from 31/03/2017. The seller has agreed to adjust the completion monies so that the unit effectively produces £12,000 p.a.x. from completion of the sale.
(4)The lease to Seetec Business Technology Centre Limited provides a tenant option to determine on 30th April 2016, subject to 6 months notice.
(5)There is a management contract in place for part third and fourth floors which are run as serviced offices by Regus. A copy of the management agreement, which can be terminated at any time by either party upon 9 months notice, is available for inspection. Please refer to the auctioneers for further details.
